4, WEST TERRACE, ILKESTON, DE7 8GA - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 WEST TERRACE is a small extended detached house of 82m², built sometime between 1930 and 1949, which could now be worth an estimated £213,424. It was last sold for £215,000 in April 2023, which was around 33% below the average April 2023 detached price in the Erewash local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

4 WEST TERRACE Sold Prices

Land registry data shows three sales for 4 WEST TERRACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 4 WEST TERRACE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 28 APR	£215,000	£321,358	33% below HPI
2019 24 JUN	£185,500	£249,760	26% below HPI
2014 11 JUL	£52,500	£193,645	73% below HPI

4 WEST TERRACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 4 WEST TERRACE sales between July 2014 and April 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 4 WEST TERRACE be worth now?

4 WEST TERRACE might now be worth an estimated £213,424.

This is based on house price deflation of 0.7%, between April 2023 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% deflationary decrease is applied to the most recent sale price for 4 WEST TERRACE of £215,000 on 28th April 2023. For the value to have decreased from £215,000 to £213,424 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 4 WEST TERRACE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The April 2023 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WEST TERRACE has not materially changed since April 2023.

How Large is 4 WEST TERRACE?

4 WEST TERRACE is 82m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilkeston, and where 4 WEST TERRACE lies on this distribution: 29% of detached houses houses are smaller than 4 WEST TERRACE, and 70% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

4 WEST TERRACE: Plot and Title Map

4 WEST TERRACE sits on a plot of roughly 3.8 acres, or 15,546m². The below map shows the location of 4 WEST TERRACE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 WEST TERRACE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 WEST TERRACE?

4 WEST TERRACE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 4 on WEST TERRACE.